Atul Limited Buyback vs Mayur Uniquoters Buyback

Comparison between Atul Limited Buyback and Mayur Uniquoters Buyback.

Buyback Details

Atul Limited Buyback is a Open Market Through Stock Exchange buyback proposed to list at BSE, NSE while Mayur Uniquoters Buyback is a Tender Offer proposed to list at BSE, NSE.

 Atul Ltd.Mayur Uniquoters Ltd.
LogoAtul Limited Buyback LogoMayur Uniquoters Buyback Logo
Type of BuybackOpen Market Through Stock ExchangeTender Offer
Listing AtBSE, NSEBSE, NSE
Face Value₹10 per share₹5 per share
Buyback Price₹11000 per share₹650 per share
Issue Size6,25,000 shares
Issue Size (Amount)₹70.00 Crores₹40.63 Crores
Buyback Ratio
Category Entitlement Ratio of Buyback
Reserved Category for Small Shareholders 1 Equity Share out of every 29 Fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders 1 Equity Share out of every 79 Fully paid-up Equity Shares held on the Record Date.
RegistrarMUFG Intime India Pvt.Ltd.Beetal Financial & Computer Services Pvt.Ltd.
Lead ManagersVivro Financial Services Pvt.Ltd.Chartered Capital & Investment Ltd.
Necessity of the buyback

The Buy-back aims to:

1. Return surplus funds to the equity shareholders of the Company.

2. Improve earnings per share by reducing the equity base, thereby leading to a long-term increase in the value of shareholders.

The Buyback aims to :
i) Return surplus cash to its Shareholders.
ii) Reduce the outstanding number of equity shares and consequently increase earnings per share and book value per share.
iii) Improve key return ratios like return on equity capital.

Buyback Timetable

Atul Limited Buyback and Mayur Uniquoters Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Atul Limited Buyback Buyback record date is . Mayur Uniquoters Buyback Buyback record date is Feb 23, 2022.

 Atul Ltd.Mayur Uniquoters Ltd.
Record DateFeb 23, 2022
Offer Open DateApr 07, 2022Mar 24, 2022
Offer Closure DateMay 09, 2022Apr 06, 2022
Last date for receipt of tender formsApr 06, 2022
Finalisation of buybackApr 18, 2022
Last Date for settlment of bidsApr 19, 2022
Last Date for extinguishment of sharesApr 26, 2022

Financial Details and Other Relevent Information

Comparison of Atul Limited Buyback and Mayur Uniquoters Buyback financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.

 Atul Ltd.Mayur Uniquoters Ltd.
Financial
Summary of financial Information (Consolidated)
Particulars For the year/period ended (Rs. in Crores)
  31-Mar-21 31-Mar-20 31-Mar-19
Total Income 3,834.45 4,171.10 4,072.67
Profit After Tax 660.02 670.91 436.02
Net Worth 3,826.52 3,154.90 2,705.71
Summary of financial Information (standalone)
Particulars For the year/period ended (Rs. in Millions)
31-Mar-21 31-Mar-20 31-Mar-19
Total Income 5,203.93 5,355.43 5,948.99
Profit After Tax 890.38 806.43 871.67
Net Worth 6,354.16 5,871.61 5,229.53
Reserves and Surplus 6,131.27 5,644.97 5,002.90
Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month High Price Low Price Average Price
Feb-2022 9852.10 8627.90 9361.13
Jan-2022 10859.00 8966.80 9709.73
Dec-2021 9121.75 8302.30 8787.72

Stock price at BSE (in preceding 3 months)

Month High Price Low Price Average Price
Jan-2022 558.00 462.00 519.77
Dec-2021 635.00 464.30 553.01
Nov-2021 511.00 425.00 460.96
Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Feb-2022 9899.95 8622.05 9359.34
Jan-2022 10856.80 8964.05 9714.97
Dec-2021 9124.70 8313.45 8784.29

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Jan-2022 557.60 462.35 520.32
Dec-2021 626.90 464.05 552.77
Nov-2021 509.00 424.05 461.54

Compare with others

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Atul Limited Buyback and Mayur Uniquoters Buyback